Italy Nuclear Magnetic Resonance Spectroscopy Market Size & Outlook
Italy nuclear magnetic resonance spectroscopy market, 2018-2030 (US$M)
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Italy nuclear magnetic resonance spectroscopy market highlights
- The Italy nuclear magnetic resonance spectroscopy market generated a revenue of USD 25.8 million in 2023 and is expected to reach USD 37.7 million by 2030.
- The Italy market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, research & manufacturing was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Nuclear magnetic resonance spectroscopy market data book summary
| Market revenue in 2023 | USD 25.8 million |
| Market revenue in 2030 | USD 37.7 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Research & manufacturing |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OUTPATIENT FACILITIES, RESEARCH & MANUFACTURING, HOSPITALS |
| Key market players worldwide | Jeol Ltd, Thermo Fisher Scientific Inc, Bruker Corp, Oxford Instruments PLC, Nanalysis Scientific Corp Ordinary Shares, Absci Corp, QuinStreet Inc, Magritek Ltd, Magnetic Resonance Innovations |
Other key industry trends
- In terms of revenue, Italy accounted for 3.6% of the global nuclear magnetic resonance spectroscopy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK nuclear magnetic resonance spectroscopy market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 71.5 million by 2030.
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Nuclear Magnetic Resonance Spectroscopy Market Scope
Nuclear Magnetic Resonance Spectroscopy Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy nuclear magnetic resonance spectroscopy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nuclear magnetic resonance spectroscopy market will help companies and investors design strategic landscapes.
Research & manufacturing was the largest segment with a revenue share of 45.74% in 2023. Horizon Databook has segmented the Italy nuclear magnetic resonance spectroscopy market based on outpatient facilities, research & manufacturing, hospitals covering the revenue growth of each sub-segment from 2018 to 2030.
A wide network of manufacturers & distributors in this country providing essential systems, consumables, and services for spectrometry is likely to boost the market in Italy. The R&D activities are also expected to increase in Italy due to various funds & grants offered by government & nongovernment organizations for medical research.
In Italy, notable institutions that conduct spectrometry research and provide analytical services include the National Research Council (CNR), University of Milan, University of Bologna, University of Padua, and University of Rome “La Sapienza.”
Moreover, research centers & laboratories associated with diverse industries, such as pharmaceuticals, environmental sciences, and materials science, utilize spectrometry techniques for specific applications. Hence, the increasing adoption of NMR spectroscopy by private and public organizations is expected to propel the overall market growth in Italy.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy nuclear magnetic resonance spectroscopy market , including forecasts for subscribers. This country databook contains high-level insights into Italy nuclear magnetic resonance spectroscopy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy nuclear magnetic resonance spectroscopy market size, by end use, 2018-2030 (US$M)
Italy Nuclear Magnetic Resonance Spectroscopy Market Outlook Share, 2023 & 2030 (US$M)
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